Crossingbridge Advisors LLC Buys Shares of 250,000 NewHold Investment Corp. II $NHICU

Crossingbridge Advisors LLC purchased a new stake in NewHold Investment Corp. II (OTCMKTS:NHICU) during the 1st quarter, Holdings Channel reports. The fund purchased 250,000 shares of the company’s stock, valued at approximately $2,518,000. NewHold Investment Corp. II accounts for approximately 1.3% of Crossingbridge Advisors LLC’s investment portfolio, making the stock its 23rd biggest holding.

Other large investors have also modified their holdings of the company. Tuttle Capital Management LLC purchased a new position in shares of NewHold Investment Corp. II during the 1st quarter worth approximately $101,000. Calamos Advisors LLC acquired a new stake in NewHold Investment Corp. II during the 1st quarter valued at $3,027,000. Schechter Investment Advisors LLC acquired a new stake in NewHold Investment Corp. II during the 1st quarter valued at $325,000. Wealthspring Capital LLC purchased a new position in NewHold Investment Corp. II during the first quarter worth $981,000. Finally, Context Capital Management LLC purchased a new position in NewHold Investment Corp. II during the first quarter worth $1,006,000.

NewHold Investment Corp. II Stock Performance

Shares of OTCMKTS:NHICU opened at $10.28 on Thursday. NewHold Investment Corp. II has a 52-week low of $10.02 and a 52-week high of $11.15. The stock’s fifty day simple moving average is $10.36 and its 200-day simple moving average is $10.20.

NewHold Investment Corp. II Company Profile

NewHold Investment Corp. II does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company intends to focus on the industrial technology business.